Prior research on Johannesburg Securities Exchange (JSE) and other emerging markets has documented that liberalization reduces the cost of equity capital that the reduction is independent of the sector in which the firm operates and are permanent rather than transitory. In this paper we examine...

The paper is the third and final document which was prepared for the finance syndicate team at the joint gathering (indaba) of local government leaders and water experts. It addresses the financial issues of water and sanitation service provision in South Africa. Access to finance is an...

Whether the conflict that was started on November 3, 2020, in Northern Ethiopia will be short-lived or a protracted one that turns itself into a stalemate, guerrilla warfare and draws the Greater Horn of Africa region into larger conflict is unclear. The spark of November 3, 2020, was a result...

This paper examines the interplay between firm, industry and country level variables, on the one hand, and equity ownership patterns, on the other within the context of six African countries. Using multi-dimensional models developed through triangulation of a range corporate ownership structure...

This paper examines the July 13, 2012 Final Staff Report of the Office of the Chief Accountant of the SEC with regard to IFRS adoption in the United States, and the response of the staff of the IFRS Foundation. Using analytical methods developed in qualitative research and student opinion as...

The study seeks to investigate the determinants of firm level earnings management (EM) within the context of 44 countries around the world. A sample of 29 430 non-financial companies over the period 1996-2012 were analysed using a series of models that link firm-, industry-, and country-specific...

A number of studies have examined why Diasporas invest in their homelands. The reasons include emotions, sense of duty, social networks, strength of Diaspora organizations and high returns. As of late Diaspora bonds have been found to be useful vehicles for channeling finance from developed...

This review documents the conceptual and methodological issues that relate to the domain of financial reporting research that attempts to examine whether there are measurable gains, (if any) stemming from the adoption of international financial reporting standards, (IFRS). It selects and reviews...

This paper makes a critical appraisal of the resource allocation process in a South African university that attempts to improve its rating in international benchmarks. Using the University of the Witwatersrand as a case study, the paper documents its challenges, and develops a balanced scorecard...